Lancaster, TN with a population of 38569 is an affordable city located in the state of Tennessee. The average 2 bedroom rent in Lancaster is $780, which is significantly lower than the US average of $1,430. The grocery cost index for Lancaster is 91 versus 100 in the US, making the cost of groceries much more affordable as well. Popular local companies include Amazon Fulfillment Centers and Aramark Corporation. All in all, Lancaster boasts a low cost of living that makes it an attractive place to live or visit.
Lancaster (zip 38569) has an unemployment rate of 4.6%. The US average is 6.0%.
Lancaster (zip 38569) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.
Tax Rates for Lancaster (zip 38569)
- The Sales Tax Rate for Lancaster (zip 38569) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Lancaster (zip 38569) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lancaster (zip 38569)
- The average income of a Lancaster (zip 38569) resident is $67,155 a year. The US average is $37,638 a year.
- The Median household income of a Lancaster (zip 38569) resident is $0 a year. The US average is $69,021 a year.